HomeCoinsBitcoinBitcoin's makes it in comparison with nuclear reactor by Brazilian business manager

Bitcoin's makes it in comparison with nuclear reactor by Brazilian business manager

-

Trusty editorial content, checked by leading industry experts and experienced editors. AD -open

According to a recent conference, Méliuz's chairman compared Israel Salmen Bitcoin with a “nuclear reactor” after the corporate's share suddenly increased.

The FinTech company received the approval of the shareholders to develop into the primary Bitcoin Treasury Company Brazil. The shareholders supported the shift with a giant lead.

According to Salmen, the move is a brand new way for Méliuz, which connects the corporate's health directly with Bitcoin's performance per share. It was a brave turn that investors at home and abroad has already attracted attention.

Image: Shutterstock

Méliuz builds Bitcoin Treasury

Based on reports, Méliuz paid around 28.4 million US dollars for the acquisition of 274.52 BTC last week. These coins join an existing supply of 45.78 BTC, which increases the entire variety of 320 BTC.

Salmen found that the corporate plans so as to add more coins to different financial instruments in a “acckritine way”. It will not be a protection against market fluctuations, he said.

Bitcoin is now the main target of the corporate's balance sheet. Every latest purchase should give each share an actual value.

“Bitcoin is sort of a core reactor that was installed in our balance sheet.” – Meliuz (Cash3BZ, MKT CAP $ 160 million), Brazil's first Bitcoin financial company, chairman Israel Salmen on the conference conference pic.twitter.com/vprw8z6nbj

– Matthew Sigel, Restoration of CFA (@matthew_sigel) May 19, 2025

Stock rally drives interest

According to data, which was shared by Vaneck's Matthew Sigel von Vaneck, the Méliuz share increased from $ 3.00 in mid -February 2025 to 10.70 R $ until mid -May.

The trading volume rose in April and provides the rally fresh muscles. This sort of price movement revolves across the heads. Some dealers say it is an indication that the linking of the share with Bitcoin could repay.

Others warn that a withdrawal in Bitcoin would hit Méliuz hard. Nevertheless, the stock run brought the corporate to the cardboard.

BTC now acts at USD 105,382. Diagram: Tradingview

The same age see similar profits

Based on market reports, the Semler Scientific share rose by 40% over a month and rose to $ $ $ 12.53 on May 19.

The US company announced that on May twelfth it achieved a BTC return 12 months until May twelfth, which added 510 BTC and 52 million US dollars to dollar gains. In a broader step, the strategy increased by 26% from 317 USD to $ 400.

Bitcoin

Image: CPO magazine

The strategy remains to be the biggest Bitcoin holder of firms and controls 576,230 BTC value around 59.57 billion US dollars. The company reported a make the most of 73,120 BTC 12 months to things, a rise of 12% and 140,538 BTC profits in 2024, which corresponds to 24% of its investments or about 13 billion US dollar paper gain.

Crypors crypt '

According to President Nayib Bukele, El Salvadors National Bitcoin Fund now holds 6,181 BTC. The coins cost 287.1 million US dollars when buying, and their value today is over 640 million US dollars.

Selected picture of Unsplash, Diagram from Tradingview

Editorial process Because Bitcoinist focuses on delivering thoroughly researched, accurate and impartial content. We comply with strict procurement standards and every page is diligently checked by our team of top technology experts and experienced editors. This process ensures the integrity, relevance and the worth of our content for our readers.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Inferium Airdrop Guide: Here one can find how you’ll be able to participate and earn $ IFR -TOKEN

Inferium builds a decentralized infrastructure that simplifies the use and review of AI models. Large projects resembling Ionet, DIN, Aethir, Rivalz and Mind Network are...

Bitcoin Solaris Launches Nova App

Introduction to Bitcoin Solaris Bitcoin Solaris, a next-generation blockchain project, is about to revolutionize the world of cryptocurrency mining with its revolutionary approach. The project has...

2,000 MW Pakistani additional electricity now reserved for Bitcoin –

Trusty editorial content, checked by leading industry experts and experienced editors. AD -open The Pakistani government has moved to surprisingly work its excessive electricity. It has...

The crypto industry asks the SEC to make clear the invitation posture

The groups of the cryptocurrency industry ask the US Securities and Exchange Commission (SEC) to issue formal guidelines for discontinuation, and, citing continuous regulatory uncertainty...

Most Popular

bitcoin
Bitcoin (BTC) $ 108,404.04 1.16%
ethereum
Ethereum (ETH) $ 2,528.51 1.36%
tether
Tether (USDT) $ 1.00 0.02%
xrp
XRP (XRP) $ 2.28 2.68%
bnb
BNB (BNB) $ 668.40 0.57%
solana
Solana (SOL) $ 171.91 2.88%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.222021 2.21%
cardano
Cardano (ADA) $ 0.749618 1.74%
tron
TRON (TRX) $ 0.273042 0.28%